ATP 4.76% 11.0¢ atlas pearls ltd

Ann: Appendix 4D and Half-Year Report, page-54

  1. 1,260 Posts.
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    The ironic thing is that the fundamentals are still incredible even if the first-half results don't continue. Even if they made half the profit they just made, the P/E ratio is so low that this is basically the most undervalued stock on the entire ASX when you look at most of its fundamental stats.

    All the other stuff that even comes close are weird scenarios like miners or oil companies with only a couple of years of resource life left, or companies that sold off half their business & got a one-off boost to profit numbers.

    ATP just flies under the radar because it's still too small for most fund managers & other bigger investors to notice or be able to buy into without warping the share price. Ideal stock for retail investors though.
 
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